#best_people https://www.cnn.com/2018/12/22/politics/trump-jerome-powell-fire-interest-rate-hike/index.html Trump asking advisers if he can legally fire Fed chief https://www.cnbc.com/2018/12/22/trump-reportedly-wants-to-fire-fed-chair-powell.html Trump reportedly wants to fire the Fed chair, a move that could wreak havoc on the financial markets
While all Americans are asked to "Make America great again", Trump is doing all he can to destroy it. You must be beyond plain stupid to call Trump a good president. The list of people fired grows every day. One thing all these people have in common: their IQ is at least a tenfold higher then Trump's.
To me, it's all posturing. Possible outcomes: A. Economy stalls - we were doing great until thr Fed interfered and we tried to stop it. B. Economy keeps chugging along - we are doing be such a great job even with the Fed interfering. There is absolutely no downside in President criticizing the Fed.
Trump and the market should thank the Feds for raising interest to put a bit of a break on the market. The market cannot go up forever. It's not sustainable. Without a pause, the market won't be able to go up any further. The bull market that we are having is after the financial crisis of 2008. Now with this small pause, when the Feds ease up on raising the interest rate next year, the market would be able to have another bull run.